How to Stake Optimism (OP)

Introduction

Staking Optimism can be an excellent choice for those looking to hold OP while earning APY in a secure manner and supporting the network. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to assist you.

Step-by-Step Guide for Italian Investors

1. 1. Acquire Optimism (OP) Tokens

   To stake Optimism, you must first acquire it. To obtain Optimism, you'll need to buy it. You can select from these well-known exchanges available in Italy.

   Piattaforma	Criptovaluta	Value
   Nexo	Optimism (OP)	0,27 APY
   PrimeXBT	Optimism (OP)	0,27 APY
   YouHodler	Optimism (OP)	0,27 APY
   Binance	Optimism (OP)	0,27 APY
   BTSE	Optimism (OP)	0,27 APY
   OKX	Optimism (OP)	0,72 APY

   Check out all 45 prices

2. 2. Select a Optimism Wallet

   Once you have OP, you'll need to select a Optimism wallet to securely store your tokens. Here are some excellent options tailored for the Italian market.

3. 3. Delegate Your OP

   We recommend using a staking pool when staking OP. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their OP, enhancing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Begin the Validation Process

   You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Optimism network. For these validations, you'll receive rewards in OP.

What to Consider in Italy

When engaging in staking, it's important to factor in the transaction and staking pool fees. Additionally, you may encounter a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time.